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Borneo's economy depends mainly on agriculture, logging and mining, oil and gas, and ecotourism. [156] Brunei's economy is highly dependent on the oil and gas production sector, and the country has become one of the largest oil producers in Southeast Asia. The Malaysian states of Sabah and Sarawak are both top exporters of timber. [156]
The economy of Brunei, a small and wealthy country, is a mixture of foreign and domestic entrepreneurship, government regulation and welfare measures, and village traditions. It is almost entirely supported by exports of crude oil and natural gas, with revenues from the petroleum sector accounting for over half of GDP.
Tourism plays a crucial role in the state's economy as the third largest income generating sectors with the state itself recorded a total of 3,879,413 tourist arrivals in 2018, a growth of 5.3% compared to 3,684,734 in 2017. [266] Since the 1950s, rubber and copra are the main source of agricultural economy of North Borneo. [267]
Brunei, [b] officially Brunei Darussalam, [c] [d] is a country in Southeast Asia, situated on the northern coast of the island of Borneo.Apart from its coastline on the South China Sea, it is completely surrounded by the Malaysian state of Sarawak, with its territory bifurcated by the Sarawak district of Limbang.
The Borneo Bulletin is a daily English-language newspaper in Brunei. It is published by Brunei Press , which also publishes a Malay-language daily, Media Permata . The Bulletin circulates around 20,000 copies on weekdays and 25,000 copies on Saturday and Sunday.
Local opposition throughout the Borneo territories was primarily based on economic, political, historical and cultural differences between the Borneo states and Malaya, as well as the refusal to be subjected under peninsular political domination. Both Azahari and Zaidi went into exile in Indonesia during the confrontation.
Get ready for all of today's NYT 'Connections’ hints and answers for #613 on Thursday, February 13, 2025. Today's NYT Connections puzzle for Thursday, February 13, 2025The New York Times.
At the time, the British considered the native populations as being too small in number to boost the North Borneo economy. [52] Until this day, the Chinese are very important to the state economy, engaging in business-related activities. [53] The Chinese in Sabah can be divided into three main groups: Hakka, Cantonese, and Hokkien.